Wednesday, February 27, 2008
THQ Dodges Options Trouble
Agoura Hills-based entertainment software publisher THQ has dodged issues over its stock options grants, saying today that the firm has been informed by the SEC that no action is recommended against the firm. THQ said that the staff of the SEC notified THQ that the agency's investigation into THQ's stock option grant practices has been completed, and that the staff does not intend to recommend any action against THQ. THQ has been under scrutiny for its stock options grants since August of 2006.